Home Details
You can check out both units with the 3D tour by clicking on the tour button. This expansive duplex offers an exceptional investment opportunity with nearly 5,000 square feet of living space, featuring 6 generously sized bedrooms, 4 bathrooms, multiple kitchens, and a two-car garage for each unit. Unit 630 has been fully remodeled from top to bottom, showcasing three modern kitchens with white cabinetry, quartz countertops, and stainless steel appliances. Additional upgrades include stone composite flooring throughout, contemporary lighting, new stair railings, and updated bathrooms. The unit is equipped with two furnaces and one water heater, three of which, along with two central A/C units, are newer. Currently leased to five individual tenants at $4,200/month, with annual leases extending through late summer 2025. The owner pays for gas and electricity, averaging approximately $200/month. Unit 632 is occupied by long-term tenants paying $1,800/month on a month-to-month lease. These tenants cover their own gas and electricity expenses. The landlord pays water, sewer, and trash for the entire building, averaging $250/month. Located in a highly desirable area near UVU, BYU, Utah Valley Hospital, the Provo River Trail, and a variety of shopping and dining options, this property offers strong rental demand and an attractive cap rate that stands out compared to similar properties in the area.
Presented By: Bybee & Co Realty, LLC - 801-210-1461